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EconProf
Participant4 bedrooms and 2 baths squeezed into 1240 square ft?
Check out the size of the rooms in the listing. Someone has a sense of humor left.EconProf
Participant4 bedrooms and 2 baths squeezed into 1240 square ft?
Check out the size of the rooms in the listing. Someone has a sense of humor left.EconProf
Participant4 bedrooms and 2 baths squeezed into 1240 square ft?
Check out the size of the rooms in the listing. Someone has a sense of humor left.October 11, 2009 at 7:35 AM in reply to: OT: Neighborhood Deterioration – Destination Temecula #467226EconProf
ParticipantGood post TG. Real numbers and empirical data should drive our decisions instead of dramatic headlines. Too often journalists ignor the deeper trends.
Along these lines….many people wrongly buy into the idea that recessions cause crime. But your cited facts belie that conclusion, as crime rates are thankfully falling most everywhere. The national crime rate was unusually low during the Great Depression of the 1930s.October 11, 2009 at 7:35 AM in reply to: OT: Neighborhood Deterioration – Destination Temecula #467409EconProf
ParticipantGood post TG. Real numbers and empirical data should drive our decisions instead of dramatic headlines. Too often journalists ignor the deeper trends.
Along these lines….many people wrongly buy into the idea that recessions cause crime. But your cited facts belie that conclusion, as crime rates are thankfully falling most everywhere. The national crime rate was unusually low during the Great Depression of the 1930s.October 11, 2009 at 7:35 AM in reply to: OT: Neighborhood Deterioration – Destination Temecula #467757EconProf
ParticipantGood post TG. Real numbers and empirical data should drive our decisions instead of dramatic headlines. Too often journalists ignor the deeper trends.
Along these lines….many people wrongly buy into the idea that recessions cause crime. But your cited facts belie that conclusion, as crime rates are thankfully falling most everywhere. The national crime rate was unusually low during the Great Depression of the 1930s.October 11, 2009 at 7:35 AM in reply to: OT: Neighborhood Deterioration – Destination Temecula #467830EconProf
ParticipantGood post TG. Real numbers and empirical data should drive our decisions instead of dramatic headlines. Too often journalists ignor the deeper trends.
Along these lines….many people wrongly buy into the idea that recessions cause crime. But your cited facts belie that conclusion, as crime rates are thankfully falling most everywhere. The national crime rate was unusually low during the Great Depression of the 1930s.October 11, 2009 at 7:35 AM in reply to: OT: Neighborhood Deterioration – Destination Temecula #468040EconProf
ParticipantGood post TG. Real numbers and empirical data should drive our decisions instead of dramatic headlines. Too often journalists ignor the deeper trends.
Along these lines….many people wrongly buy into the idea that recessions cause crime. But your cited facts belie that conclusion, as crime rates are thankfully falling most everywhere. The national crime rate was unusually low during the Great Depression of the 1930s.October 10, 2009 at 3:56 PM in reply to: California Budget Is Already in the Red 10 Weeks After Passage #467093EconProf
ParticipantThe main driver of our deficit now is our weak state economy combined with our highly progressive income tax. Just under 50% of state income tax revenues come from the top 1% of taxpayers. Those people, who also do a lot of the business start-ups and expansions, are being clobbered by soak-the-rich politicians and are merely responding to incentives.
October 10, 2009 at 3:56 PM in reply to: California Budget Is Already in the Red 10 Weeks After Passage #467272EconProf
ParticipantThe main driver of our deficit now is our weak state economy combined with our highly progressive income tax. Just under 50% of state income tax revenues come from the top 1% of taxpayers. Those people, who also do a lot of the business start-ups and expansions, are being clobbered by soak-the-rich politicians and are merely responding to incentives.
October 10, 2009 at 3:56 PM in reply to: California Budget Is Already in the Red 10 Weeks After Passage #467619EconProf
ParticipantThe main driver of our deficit now is our weak state economy combined with our highly progressive income tax. Just under 50% of state income tax revenues come from the top 1% of taxpayers. Those people, who also do a lot of the business start-ups and expansions, are being clobbered by soak-the-rich politicians and are merely responding to incentives.
October 10, 2009 at 3:56 PM in reply to: California Budget Is Already in the Red 10 Weeks After Passage #467692EconProf
ParticipantThe main driver of our deficit now is our weak state economy combined with our highly progressive income tax. Just under 50% of state income tax revenues come from the top 1% of taxpayers. Those people, who also do a lot of the business start-ups and expansions, are being clobbered by soak-the-rich politicians and are merely responding to incentives.
October 10, 2009 at 3:56 PM in reply to: California Budget Is Already in the Red 10 Weeks After Passage #467901EconProf
ParticipantThe main driver of our deficit now is our weak state economy combined with our highly progressive income tax. Just under 50% of state income tax revenues come from the top 1% of taxpayers. Those people, who also do a lot of the business start-ups and expansions, are being clobbered by soak-the-rich politicians and are merely responding to incentives.
EconProf
ParticipantPermit me to elaborate. A person with a high income but zero net worth–let’s say a hot-shot salesman with a few years of good income, but lots of credit card debt could easily get a loan. Someone with the same credit score, lower income but good net worth from a history of spending less than their income for many years would be less likely to get a bank loan.
Yet the salesman’s income could drop for a variety of reasons while the frugal guy could handle adversity better–has liquidity, spends modestly, etc. Where’s the justice? -
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